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Tuesday, 2 March 2010

Mar 3, 2010

Wow.... What a fabulous rally of our JKSE composite....
It really shocked me when sudden rally happened at the last minute...
Plus 21 pts, what a great one hah, 0.85% dough.....
It seems that what Warren Buffet, the world's most fabulous investor, said about the economic is slowly recovering, not recovered yet.

And seems in fact it's quite true where the commodities & stocks are rising & we're facing a lot of expansion in real sector.

Some picks for tomorrow:


ADRO is now compressed by a lot of lines & still consolidated, even though it hasn’t broken the uptrend line. Now it is still above the BB middle, which is at 1829. Well, it is still trying to break the downtrend channel to break into the uptrend channel.

Rating: Buy On Weakness; TP: 1880-1920, SL: 1780-1760

BUMI in the other hand has just rallied today & it closed above the MA5, which is quite valid for its trading plan. Well, it is showing the upward force a moment. The W%R, Stochastic & ROC is signaling the buy.
Rating: Buy On Weakness; TP: 2400-2425, SL: 2200-2225

TLKM today showed a reversal signal of going upward, while it might bounce up a little bit tomorrow & seems a good time for us to take profit.
Rating: Buy; TP: 8500-8600; SL: 8250-8300

REMEMBER: BUMI & TLKM, you are trading in a bear market, when you earn profit, you can realized it before you get nothing....

Happy Investing^^
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